Form 4: FTAI Infrastructure Inc. Director Judith Hannaway Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Judith Hannaway of FTAI Infrastructure Inc. reports acquisition and disposal of common stock on May 31, 2024.
Summary
- On May 31, 2024, Judith Hannaway, a director of FTAI Infrastructure Inc., reported changes in her beneficial ownership of the company's common stock.
- She acquired 1,165 shares of common stock as compensation for services provided to the Issuer in accordance with Issuer's Non-qualified Stock Option and Incentive Award Plan and the additional terms established by resolution of the Board of Directors.
- She disposed of 3,502 shares of common stock.
- Following these transactions, the amount of securities beneficially owned following reported transactions is not specified.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. The sentiment is neutral as it simply reports facts without expressing any opinion or forward-looking statements.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Negatives
- The disposal of 3,502 shares of common stock by a director could be interpreted negatively by investors.
Risks
- The document does not explicitly mention any risks.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- The reported transactions may influence investor sentiment and potentially impact the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Applicable closing share price was $8.59. |
| 05/31/2024 | Date of transaction: acquisition of 1,165 shares and disposal of 3,502 shares. |
| 06/03/2024 | Date of signature by Attorney-in-fact. |
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